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Colossus Minerals to Present at TD Securities 2012 Mining Conference

January 24, 2012

Toronto, Ontario, January 24, 2012 - Colossus Minerals Inc. (TSX:CSI) will be presenting at the TD Securities 2012 Mining Conference to be held January 24 and 25, 2012 at The Ritz-Carlton, 181 Wellington Street West, Toronto, Canada, M5V 3G7.

Mr. Claudio Mancuso, President and Chief Executive Officer is scheduled to speak on Wednesday, January 25, 2012 at 4:25 pm ET. The presentation is available on the Company's website at: www.colossusminerals.com.

About Colossus:

Colossus is a Canadian-based exploration and development company. The Company's primary focus is to advance the Serra Pelada high-grade gold, platinum, palladium project, located in Para, Brazil, into production in 2013. Serra Pelada is host to one of the highest grade gold and platinum group metals deposits in the world. Between 1980 and 1986 Serra Pelada was host to the largest precious metals rush in Latin American history.  Colossus Minerals shares, warrants and notes trade on the Toronto Stock Exchange (TSX) under the symbols CSI, CSI.WT.A and CSI.NT respectively. The Company is headquartered in Toronto, Canada.

For further information, please contact:

Ann Wilkinson, Vice President, Investor Relations
Colossus Minerals Inc.
Tel: (416) 643-7655
Web site: www.colossusminerals.com
Email: awilkinson@colossusminerals.com